FIRSTRAND ADR/ 10 RC -01 (FSR) — Tangible Net Worth Ratio
FIRSTRAND ADR/ 10 RC -01 (FSR) has a Tangible Net Worth Ratio of 99.3% as of December 2025. This metric is calculated by deducting intangible assets (€1.73 Billion) from net assets (€246.95 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore FSR year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
FIRSTRAND ADR/ 10 RC -01 Tangible Net Worth Ratio (2022–2025)
This chart shows how FIRSTRAND ADR/ 10 RC -01's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 99.3%, reflecting net assets of €246.95 Billion with intangible assets of €1.73 Billion EUR. For live market cap and overall valuation, see FSR company net worth.
Annual Tangible Net Worth Ratio for FIRSTRAND ADR/ 10 RC -01 (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for FIRSTRAND ADR/ 10 RC -01 from 2022 to 2025, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore FIRSTRAND ADR/ 10 RC -01 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.3% | €243.21 Billion | €1.73 Billion | €2.59 Trillion | ▼ 0.0 pp |
| 2024 | 99.3% | €217.80 Billion | €1.52 Billion | €2.37 Trillion | ▲ +0.1 pp |
| 2023 | 99.2% | €198.43 Billion | €1.63 Billion | €2.30 Trillion | ▲ +0.1 pp |
| 2022 | 99.0% | €181.49 Billion | €1.74 Billion | €2.00 Trillion | — |